Crisis: 60 billion of Greek deposits in Switzerland

According to French economist Gabriel Zucman

03 February, 11:11

    (ANSAmed) – ATHENS, FEBRUARY 3 - The deposits of Greek citizens in Swiss banks are amounting to 60 billion euros, as GreekReporter website writes quoting the economist Gabriel Zucman. The French professor of the London School of Economics and researcher at the University of California, Berkeley published his book 'The missing Wealth of Nations' that refers to the transport of capital in tax havens. Zuchman suggests that Greece should collaborate with powerful European countries such as Germany and Italy, to force Switzerland to abandon the policy of banking secrecy. The economist using data from the Swiss National Bank (BNS), revealed that the Greek deposits in Switzerland amount to 60 billion euros while German deposits reach 200 billion. These data show that the total foreign wealth transported in Switzerland is reaching 1.8 trillion euros.

    Following Zucman’s allegations, the Greek government is trying to uncover the secret accounts and deposits. The agreement between Greece and Switzerland regarding the taxation of hidden accounts owned by Greeks is expected to be finalized in the next months. Greek Deputy Finance Minister, George Mavraganis recently visited Switzerland in order to reach an agreement with the Swiss government. (ANSAmed).

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